Alternative income and negative duration
strategies can provide additional support if the market environment does not pan out as planned.
We then discuss how negative duration
dependence, that is, the apparent decline in job finding rates with the length of time unemployed, affects long-term unemployment.
In addition to a core of motivated sellers, MSRs offer negative duration
attributes (yields increase as rates increase) and correlation to the improving US housing market (as defaults decrease, the return profile of MSRs improves).
Nevertheless, we find evidence of negative duration
dependence, that is, the risk of failure of a firm-country trade relationship falls with the duration of that relationship.
For Minerd, there is value in "floating rate asset-backed securities (ABS) and, specifically, collateralized loan obligations that have negative duration
, causing them to rise in price when rates increase.
The amplitude, or strength of the blast; the positive duration or the length of the wave as it rises above the atmospheric pressure; and the negative duration
, how long the wave lasts as it falls below atmospheric pressure.
A negative duration
coupled with a negative reserve implies that increases in the interest rate will decrease the policy reserve, which is inferred from Equation (5):
Likewise, negative duration
dependence indicates that the longer a family occupied a state, the less likely they are to exit the state.
Both the employment duration hazard and the unemployment duration hazard exhibit negative duration
dependence, although it is not significant in the latter.
Similarly, a negative duration
dependence, depicted by [Alpha] [less than] 1, indicates that as a cyclical phase grows "older" its likelihood of termination decreases.
This suggests that withdrawal may ultimately be forced on leaders if the war drags on past the stage of initial enthusiastic public support, a strong argument against negative duration
dependence, which we will test below (negative duration
dependence suggests that the probability of a war ending will decrease as the war continues and becomes entrenched).
de Neubourg's micro-study demonstrating strong negative duration
dependence among Dutch unemployed and S.